5, THE CLOSE, HEMSBY, GREAT YARMOUTH, NR29 4ER - £270,000

5 THE CLOSE is a large extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £270,000 in January 2021, which was around 3% below the average January 2021 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

5 THE CLOSE Sold Prices

Land registry data shows three sales for 5 THE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the three 5 THE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 25 JAN	£270,000	£277,800	3% below HPI
1999 4 OCT	£60,000	£78,428	23% below HPI
1997 11 JUL	£50,000	£66,035	24% below HPI

5 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The three 5 THE CLOSE sales between July 1997 and January 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 THE CLOSE?

5 THE CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in November 2010. This puts it in the largest 40% of detached houses in Hemsby, based on EPC data. The below chart shows the distribution of detached houses by size in Hemsby, and where 5 THE CLOSE lies on this distribution: 67% of detached houses are smaller than 5 THE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

5 THE CLOSE: Plot and Title Map

5 THE CLOSE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 5 THE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 THE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 THE CLOSE?

5 THE CLOSE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 5 on THE CLOSE.